BREAKING
243d 8h ago

DWF Labs Holds 11 Million NEAR Tokens, Urges Lower Inflation to Boost Ecosystem Growth

NEAR

NEAR/USDT

$1.068
+0.38%
24h Volume

$121,640,641.86

24h H/L

$1.106 / $1.053

Change: $0.0530 (5.03%)

Funding Rate

-0.0057%

Shorts pay

Data provided by COINOTAG DATALive data
NEAR
NEAR
Daily

$1.068

-0.56%

Volume (24h): -

Resistance Levels
Resistance 3$1.3947
Resistance 2$1.2222
Resistance 1$1.1074
Price$1.068
Support 1$1.04
Support 2$0.9584
Support 3$0.8410
Pivot (PP):$1.067
Trend:Downtrend
RSI (14):29.4

DWF Labs has disclosed a significant holding of 5 million NEAR tokens alongside an active stake of 6 million NEAR tokens, signaling strong institutional confidence in the NEAR ecosystem. According to Andrei Grachev, a key partner at DWF Labs, the firm is advocating for a reduction in NEAR’s inflation rate to 2.5%, a strategic move aimed at bolstering the token’s intrinsic value and fostering sustainable ecosystem expansion. Should this monetary policy adjustment be implemented, DWF Labs has expressed intent to acquire an additional 10 million NEAR tokens via secondary market purchases, underscoring their commitment to long-term investment. This development highlights the ongoing dialogue between major stakeholders and protocol developers to optimize tokenomics for enhanced market performance and investor appeal.

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